Singapore

Singapore stands tall as beacon for rattled Hong Kong businesses

There is no secret of the tumultuous times in Hong Kong right now. Almost one third of the Hong Kong population has protested in the streets, fighting against the proposed Chinese extradition bill.

Singapore stands tall as beacon for rattled Hong Kong businesses

There is no secret of the tumultuous times in Hong Kong right now. Almost one third of the Hong Kong population has protested in the streets, fighting against the proposed Chinese extradition bill.

Central office vacancy rate hits three-year high of 2.6% in July

The occupier market contracted to 56,100 sqft due to subdued leasing demand.

Hong Kong inflation remains unchanged at 3.3% in July

Hungry Hongkongers won’t be happy with the inflation rate of 12.8% for food prices.

Jobless rate up to 2.9% in May to July 2019

This translates to an additional 3,300 unemployed people.

How YouTrip is taking away the pain of overseas payment

The fintech startup helps its users save up to 3.5% on transaction fees and can even go as high as 5% in some cases.

Nano flats supply to surge 60% in the next two years: study

It will account for roughly 5% of the total new private housing supply in 2019.

Hong Kong trade deficit narrows to $244.2b for H1

Total trade exports and imports decreased by 3.6% and 4.5% in H1.

Office rental growth slows in Q2: report

Supply in core area remained tight as new prime spaces will only be out by 2023.

Is Kowloon Hong Kong's next Central?

It is now home to Citibank and JPMorgan’s front offices, amongst others.

Large firms at risk of losing 30% of female employees and managers: study

This could result in losses of US$500,000 per senior leader.

Alibaba Group seeks to raise US$20b in secondary Hong Kong IPO: report

The firm plans to file a listing application in H2 2019.

HK startups cash in on strong VC flows

This year’s crop of hottest startups includes Hong Kong’s first virtual insurer; a firm aiming to revolutionise the renovation industry and a Virtual Reality entertainment startup that offers an immersive gaming experience.

Hong Kong's GDP growth slowed to 0.5% in Q1

Both exports and imports of goods continued to see declines.

Hong Kong still the world's priciest housing market

Average property price is at $9.69m or $16,400 per sqft.

Hong Kong and Paris squeeze into Singapore's throne as costliest city globally

Hong Kong moved from the 4th place last year to the top in 2019.

65% of employees think companies lack transparency on pay levels: survey

But 64% also claim to be satisfied about their salaries.

Hang Seng Bank's profits up of 21% to $24.2b in FY2018

Their retail banking and wealth management arms account for 51.2% of the bank’s pre-tax profits.